RE: ktnWith more results due any day now on step outs and we already have a huge resource base we are underpriced. There has been three years of drilling and permitting in the project already and it already has a feasible 43-01 we are at the point where the next step will be proceeding with mine.. I believe Guy said it all here:
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KTN - Stock Price vs Metal Value Per Share Posted by: JustAnotherGuy
on: 11/27/2010 9:35:03 AM 9:35:03 AM
KTN - Stock Price vs Metal Value Per Share
Promontorio's Pit Discovery Zone - NI 43-101 Resource Estimate (August 18, 2010, excl. gold)
Indicated Mineral Resources:
- Ag: 8.9 million oz
- Pb: 99.3 million lb
- Zn: 110.8 million lb
Inferred Mineral Resources:
- Ag: 1.17 million oz
- Pb: 13.4 million lb
- Zn: 14.3 million lb
Promontorio's Pit Discovery Zone - Metal Value Per Share
- Ag: 10,070,000 oz x $27.43/oz = $276,220,100
- Pb: 112,700,000 lb x $1.0269/lb = $115,731,630
- Zn: 125,100,000 lb x $.9607/lb = $120,183,570
Total Metal Value = $512,135,300
Metal Value Per Share = $512,135,300 / 37,276,600 = $13.74
The current stock price ($.76) reflects 5.5% at the most of the currentmetal value per share, and reflects only a fraction of the resource thatKootenay is hoping to outline in the near future. Read:
Kootenay Gold - Targeting 100+ Million Ounces of Silver in Mexico
https://uk-analyst.com/shop/page-advice/action-advertorial.show/id-130008848
With Drill Rigs Now Turning, Kootenay Hopes To Triple The ResourceAt The Promontorio Silver Project In Mexico In Double-Quick Time
https://www.minesite.com/nc/minews/singlenews/article/kootenay-hopes-to-triple-the-resource-at-the-promontorio-silver-project-in-mexico-in-double-quick-ti/1160.html
----------Original Message Posted 11/28/2010 7:59:21 PM----------
i dont know i have my doubts in this stock..it does not seem like it can really move..there is no substantial gold or silver find that will substantiate a much higher share price.....?
or is there?
thoughts on this....